Andrews Landscaping Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09279825 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 24 OCTOBER 2014 TO 31 OCTOBER 2015

FOR

ANDREWS LANDSCAPING LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr A E D Stuttard

REGISTERED OFFICE:

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

REGISTERED NUMBER:

09279825 (England and Wales)

ACCOUNTANTS:

Brayshaw Morey

Certified Public Accountants

Fraser Ross House

24 Broad Street

Stamford

Lincolnshire

PE9 1PJ

FIXED ASSETS

Intangible assets

2

45,417

Tangible assets

3

27,199

72,616

CURRENT ASSETS

Stocks

19,760

Debtors

3,609

Cash at bank

6,793

30,162

CREDITORS

Amounts falling due within one year

78,441

NET CURRENT LIABILITIES

(48,279

)

TOTAL ASSETS LESS CURRENT LIABILITIES

24,337

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

24,237

SHAREHOLDERS' FUNDS

24,337

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 May 2016 and were signed by:

Mr A E D Stuttard - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

Additions

50,000

At 31 October 2015

50,000

AMORTISATION

Amortisation for period

4,583

At 31 October 2015

4,583

NET BOOK VALUE

At 31 October 2015

45,417

3.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

36,349

Disposals

(1,000

)

At 31 October 2015

35,349

DEPRECIATION

Charge for period

8,366

Eliminated on disposal

(216

)

At 31 October 2015

8,150

NET BOOK VALUE

At 31 October 2015

27,199

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100